The KSE-100 index of the Pakistan Stock Exchange opened significantly lower on April 24, 2026, plummeting to 166,380.71 points, a decline of over 2,700 points by 10:00 am. By noon, the index was recorded at 167,007.65 points, down 2,165.72 points or 1.28% from the previous close. Major sectors such as automobiles, cement, and commercial banks faced widespread selling, with key stocks like HUBCO, MARI, and OGDC trading in negative territory. This downturn follows a 2,406-point decline the previous day, reflecting ongoing uncertainty in the geopolitical landscape, particularly regarding US-Iran relations and rising oil prices. The market's volatility is exacerbated by reports of blockades and vessel seizures around the Strait of Hormuz, further rattling investor confidence.
BUSINESSPublished 23 Apr 2026 • Published 1 day ago • Updated 1 day ago
KSE-100 Index Plummets Amid US-Iran Tensions in Pakistan
100% NEUTRAL
On April 24, 2026, the KSE-100 index of the Pakistan Stock Exchange opened lower, dropping to 166,380.71 points amid geopolitical uncertainty surrounding stalled US-Iran talks. The index faced significant selling pressure, reflecting ongoing investor caution and declining market sentiment.
Detailed Analysis
SOURCES
18 outlets · 22 articles
PPprofit.pakistantoday.com.pk
DTPdailythepatriot.com
BRbrecorder.com
DTdailytimes.com.pk
TEtechjuice.pk
PRpropakistani.pk
THtribune.com.pk
PApakobserver.com.pk